Analysts advised investors to subscribe to the issue on the company s competitive strengths which include a product portfolio focused on various customer segments, a distribution network, experienced management, and a dedicated employee base.
Plaza Wires IPO opens for subscription today, offering wires, cables, and electrical goods under various brands. The company plans to use the funds for expansion and working capital. The IPO price band is set at ₹51 to ₹54 per share.